Wednesday, July 21, 2010

Huge Milestone - $10,000 in Retirement

As of this morning, my retirement accounts have reached my mini goal of a $10,000 balance. I currently have $7,719.52 in my Roth IRA and $2,368.26 in my 401k for a total of $10,087.78 saved. This is a huge milestone for me and I am so blessed to be able to save for retirement at such a young age. Reaching this milestone has motivated me even more to reach the $15,000 mark by next March. In order to reach this goal, I will need to save an average of $625 for the next 8 months. That number does not factor in any market gains, so I may only need to contribute about $500 or so. I am planning on trimming the fat out of my budget and increasing my contributions to my 401k in order to reach this goal!

No comments:

Post a Comment